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For Companies At a Glance
- Tasks: Drive strategic partnerships and collaborations to fuel company growth.
- Company: Join a leading pharmaceutical company in Cambridgeshire, making a real impact in healthcare.
- Benefits: Enjoy competitive pay, career advancement opportunities, and a supportive work environment.
- Why this job: Be at the forefront of innovation in pharma, shaping the future of drug development.
- Qualifications: Degree in science or business; experience in pharma business development is essential.
- Other info: We value diversity and encourage all qualified candidates to apply.
The predicted salary is between 43200 - 72000 £ per year.
We are currently looking for an Associate Director (Business Development & Partnerships) to join a leading pharmaceutical company based in the Cambridgeshire area. As the Associate Director of Business Development & Partnerships, you will be responsible for driving strategic collaborations and partnerships that are crucial to the company's growth.
KEY DUTIES AND RESPONSIBILITIES:
- Identifying, establishing, negotiating, and maintaining partnerships while understanding the framework of existing collaborations.
- Leading agreement negotiations ranging from drug discovery and development alliances to agreements with third parties that support research and development activities.
- Managing alliances post-deal signing to ensure maximum benefit to the company.
- Sourcing new external opportunities and leading mixed scientific and corporate development teams throughout the deal process, including technical and commercial due diligence.
ROLE REQUIREMENTS:
- Relevant degree in science or business related to pharmaceutical R&D, business development, or technology transfer.
- Proven industry experience in business development within the pharmaceutical or biotech sectors.
- A working knowledge and practical experience with IP licensing, drafting, and negotiating various agreement types.
Hyper Recruitment Solutions Ltd (HRS) is an Equal Opportunities employer. We welcome applications from anyone who meets the role requirements. HRS exclusively supports the STEM sectors, combining recruitment expertise with scientific knowledge to help you advance your career.
Associate Director of Business Development employer: Hyper Recruitment Solutions LTD
Contact Detail:
Hyper Recruitment Solutions LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director of Business Development
✨Tip Number 1
Network with professionals in the pharmaceutical and biotech sectors. Attend industry conferences, webinars, or local meetups to connect with potential colleagues and learn about the latest trends in business development.
✨Tip Number 2
Research the company thoroughly. Understand their current partnerships, recent developments, and strategic goals. This knowledge will help you tailor your conversations and demonstrate your genuine interest during interviews.
✨Tip Number 3
Prepare to discuss specific examples of successful partnerships you've managed in the past. Highlight your negotiation skills and how you've driven value in previous roles, as this will be crucial for the Associate Director position.
✨Tip Number 4
Stay updated on industry regulations and trends related to IP licensing and drug development. Being knowledgeable about these areas will not only boost your confidence but also show your commitment to the role.
We think you need these skills to ace Associate Director of Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the pharmaceutical or biotech sectors. Emphasise any specific achievements related to partnerships and negotiations.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Discuss your understanding of the pharmaceutical industry and how your skills align with the key duties mentioned in the job description.
Highlight Relevant Skills: In your application, focus on skills such as negotiation, partnership management, and knowledge of IP licensing. Provide examples of how you have successfully applied these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Hyper Recruitment Solutions LTD
✨Research the Company
Before your interview, make sure to thoroughly research the pharmaceutical company. Understand their recent projects, partnerships, and overall mission. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role.
✨Prepare for Scenario-Based Questions
Given the nature of the Associate Director role, be ready to answer scenario-based questions that assess your negotiation skills and strategic thinking. Think of examples from your past experiences where you successfully established or managed partnerships.
✨Showcase Your Industry Knowledge
Highlight your understanding of the pharmaceutical and biotech sectors during the interview. Discuss current trends, challenges, and opportunities in business development, as this will show your expertise and readiness for the role.
✨Ask Insightful Questions
Prepare thoughtful questions to ask the interviewer about the company's future direction, partnership strategies, and team dynamics. This not only shows your enthusiasm but also helps you gauge if the company aligns with your career goals.
